WOOL AND MOHAIR PROGRAM.

SEC. 1111. WOOL AND MOHAIR PROGRAM. The National Wool Act of 1954 (7 U.S.C. 1781 et seq.) is amended— (1) in section 703 (7 U.S.C. 1782), by striking “1995” both places it appears in subsections (a) and (b)(2) and inserting “1997”; (2) in section 704 (7 U.S.C. 1783)— (A) in subsection (b)(1)— (i) by striking “and” at the end of subparagraph (C); and (ii) by striking subparagraph (D) and inserting the following new subparagraphs: “(D) $125,000 for the 1994 marketing year; “(E) $100,000 for the 1995 marketing year; “(F) $75,000 for the 1996 marketing year; and “(G) $50,000 for the 1997 marketing year.”; and (B) in subsection (c), by striking “through 1995” and inserting “and 1992”; and (3) in section 706 (7 U.S.C. 1785), by inserting after the second sentence the following new sentence: “In determining the net sales proceeds and national payment rates for shorn wool and shorn mohair, the Secretary shall not deduct marketing charges for commissions, coring, or grading.”.